Starcom PLC Director Shareholdings (6999N)
October 01 2021 - 1:35AM
UK Regulatory
TIDMSTAR
RNS Number : 6999N
Starcom PLC
01 October 2021
1 October 2021
Starcom PLC
("Starcom" or the "Company")
Director shareholdings
The Board of Starcom (AIM: STAR), which specialises in the
development of wireless, Internet-of-Things (IoT) based solutions
for the remote tracking, monitoring and protection of a variety of
assets, announces that following the conversion of the loan held by
Avi Engel yesterday into 8 million new ordinary shares in the
Company (as announced earlier today), it has been agreed that these
shares will be acquired by Avi Hartmann, CEO of Starcom, for the
original loan amount of GBP100,000 (a price of 1.25p per share).
Avi Hartmann will also acquire the 1,744,000 shares issued to the
Starcom employee that also converted his loan yesterday, for the
original loan amount of NIS 100,000 (approximately GBP22,000 and
1.25p per share).
Following these transactions, the shareholdings in the Company
of the directors concerned will be as follows:
Director Total no. of Ordinary Percentage of issued
Shares held share capital of the
Company
Avi Hartmann 43,052,224 11.21
---------------------- ----------------------
Avi Engel 3,108,334 0.81
---------------------- ----------------------
Contacts:
Starcom Plc
Michael Rosenberg, Chairman 07785 727595
Avi Hartmann, CEO +972 5477 35663
Allenby Capital Limited (AIM Nominated Adviser
and Joint Broker)
Jeremy Porter/Piers Shimwell 020 3328 5656
Peterhouse Capital Limited (Joint Broker)
Lucy Williams/Charles Goodfellow/Eran Zucker 020 7469 0930
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Avi Engel
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Non-executive Director
-------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Starcom plc
-------------------------- --------------------------------------------
b) LEI 213800XVU7WF3QMF4826
-------------------------- --------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
------------------------------------------------------------------------
a) Description of the Ordinary Shares of no par value
financial instrument,
type of instrument Identification code (ISIN) for Starcom plc
Identification ordinary shares: JE00B8WSDY21
code
-------------------------- --------------------------------------------
b) Nature of the transaction Disposal of ordinary shares
-------------------------- --------------------------------------------
c) Price(s) and volume(s) 8,000,000 shares at 1.25p per share
-------------------------- --------------------------------------------
d) Aggregated information Volume(s)
- Aggregated volume Price(s)
- Price 1.25p 8,000,000
----------
-------------------------- --------------------------------------------
e) Date of the transaction 1 October 2021
-------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- --------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Avi Hartmann
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status CEO
-------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Starcom plc
-------------------------- --------------------------------------------
b) LEI 213800XVU7WF3QMF4826
-------------------------- --------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
------------------------------------------------------------------------
a) Description of the Ordinary Shares of no par value
financial instrument,
type of instrument Identification code (ISIN) for Starcom plc
Identification ordinary shares: JE00B8WSDY21
code
-------------------------- --------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares
-------------------------- --------------------------------------------
c) Price(s) and volume(s) 9,744,000 shares at 1.25p per share
-------------------------- --------------------------------------------
d) Aggregated information Volume(s)
- Aggregated volume Price(s)
- Price 1.25p 9,744,000
----------
-------------------------- --------------------------------------------
e) Date of the transaction 1 October 2021
-------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- --------------------------------------------
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